FXstreet.com (Córdoba) - The Dollar is rising for the second day in a row against the Swiss Franc. USD/CHF tested 3-month highs but failed to rise to new highs on Tuesday. The pair was unable to hold above 1.0500 and currently trades at 1.0490/94, 30 pips above the opening price. Since the beginning of December it has risen more than 500 pips. The pair is headed toward the highest daily close since September 7.

The Swissy also lost ground against the Euro. EUR/CHF rose moderately on Tuesday but still holds below 1.5000. The pair peaked at 1.4990 but then rebounded and pulled back finding support at 1.4925.